Asia Pacific Blood Plasma Market Forecast 2020-2028
The Asia Pacific blood plasma market is predicted to record growth at a CAGR of 6.59% during the forecast period, 2020-2028. The rich presence of major countries that make significant contributions to the overall market is the prominent driver of market growth.
The countries analyzed in the Asia Pacific blood plasma market for further analysis include Indonesia, Thailand, Japan, India, Australia & New Zealand, Vietnam, China, South Korea, and the rest of Asia Pacific. Japan is considered to be one of the leaders in the Asia Pacific blood plasma market. Several organizations of the country manufacture and supply plasma products. The Japan Blood Products Organization was established in 2012 to ensure a steady, self-sufficient, and safe supply of reliable plasma-derived products. Such organizations encourage people to donate blood more frequently, thereby ensuring an adequate supply of blood plasma throughout the region. There has also been a significant rise in the geriatric population of the country. India offers a lucrative blood plasma market with huge growth opportunities. However, in countries like Australia, the accessibility restrictions in terms of domestic plasma, and the increasing demands, are hampering the growth of the market. But, according to the Australian Science Media Centre report of 2018, the country fares high when it comes to the number of reported rates of anterior cruciate ligament (ACL) injury and reconstruction. The platelet-rich plasma (PRP) therapy is beneficial for ACL reconstruction treatment. Such factors aid the growth of the market in Australia.
Some of the eminent companies leading the market are China Biologic Products, CSL Limited, Fusion Health Care, Green Cross Holdings Corporation, Grifols, etc.
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• Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
• Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
• Market Segmentation cater to a thorough assessment of key segments with their market estimations
• Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
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